Financial Solutions Advisory Group Inc. Makes New $7.70 Million Investment in JPMorgan Diversified Return U.S. Small Cap Equity ETF $JPSE

Financial Solutions Advisory Group Inc. purchased a new stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) during the first quarter, according to its most recent disclosure with the SEC. The firm purchased 146,873 shares of the company’s stock, valued at approximately $7,701,000. JPMorgan Diversified Return U.S. Small Cap Equity ETF makes up approximately 1.1% of Financial Solutions Advisory Group Inc.’s holdings, making the stock its 18th biggest holding. Financial Solutions Advisory Group Inc. owned approximately 1.45% of JPMorgan Diversified Return U.S. Small Cap Equity ETF at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of JPSE. Ipsen Advisor Group LLC raised its position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 2.3% in the first quarter. Ipsen Advisor Group LLC now owns 115,584 shares of the company’s stock valued at $6,060,000 after buying an additional 2,556 shares during the last quarter. Bank of America Corp DE grew its stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 4.4% during the 1st quarter. Bank of America Corp DE now owns 610,879 shares of the company’s stock valued at $32,028,000 after acquiring an additional 25,608 shares in the last quarter. Modern Wealth Management LLC acquired a new stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF in the 1st quarter valued at about $1,093,000. Cetera Investment Advisers lifted its stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 2.3% in the 1st quarter. Cetera Investment Advisers now owns 53,556 shares of the company’s stock worth $2,808,000 after purchasing an additional 1,186 shares in the last quarter. Finally, Independent Financial Group LLC purchased a new position in JPMorgan Diversified Return U.S. Small Cap Equity ETF in the 1st quarter worth approximately $678,000.

JPMorgan Diversified Return U.S. Small Cap Equity ETF Price Performance

Shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF stock opened at $59.22 on Friday. The stock’s 50 day simple moving average is $59.09 and its 200-day simple moving average is $56.16. The stock has a market cap of $591.02 million, a P/E ratio of 15.86 and a beta of 0.98. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a 1-year low of $44.85 and a 1-year high of $60.59.

JPMorgan Diversified Return U.S. Small Cap Equity ETF Company Profile

The JPMorgan Diversified Return U.S. Small Cap Equity ETF (JPSE) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a multi-factor index comprised of US small-cap stocks. The index uses a combination of fundamental and technical factors for stock selection, and inverse volatility for weighting. JPSE was launched on Nov 15, 2016 and is managed by JPMorgan Chase.